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January 19, 1999 |

The A Team

Bound by a love of adventure, hard work and danger, three lawyers who met as associates at New York City's Brown & Wood, chose their next challenge together: adventure racing. Robert Ladd, Amber Railley and Alastair Onglingswan opted for a toned-down version of the sport, which typically involves traversing hundreds of miles over the course of 10 days. Dubbed Hi-Tec, the race required the three attorneys to run, bike, kayak, strategize and act as a team -- it wasn't a solo project.
11 minute read
Litigator of the Week: D. Jean Veta of Covington & Burling
Publication Date: 2012-12-20
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Former IndyMac CEO Michael Perry emerged from humble beginnings to head once one of the biggest regional banks in the country. Then, in 2008, he had a spectacular fall from grace. IndyMac collapsed, and Perry eventually got sued by both the SEC and the FDIC. But thanks to Veta, Perry has now gone a long way toward clearing his name.

IN RE BIOVAIL CORP. SEC. LIT., 03 CV 8917
Publication Date: 2007-12-11
Practice Area: Civil Practice
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Court: U.S. District Court for the Southern District
Judge: Richard Owen
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Case number: 03 CV 8917

District Judge Richard Owen U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK Appearances: Sanford P. Dumain, Milberg, Weiss, Bershad, Hynes & Lerach, LLP,

AIG Loses Bid to Dismiss Class Action over Subprime Exposure
Publication Date: 2010-09-27
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The AIG litigation machine keeps humming as a New York federal judge declines to dismiss a class action alleging that the insurer misled shareholders about its credit default swap portfolio.

May 27, 1999 |

Noncompete Pact Enforceability

A recent NY Court of Appeals ruling upholding partial enforceability of an accounting firm's noncompete agreement is expected to prompt more employers to impose similar agreements on employees who interact with company clients, according to employment attorneys. The decision could also encourage courts faced with overly broad noncompete agreements to consider partial enforcement as an alternative to complete invalidation.
7 minute read
Samuels v New York State Department of Health
Publication Date: 2006-02-16
Practice Area: Family Law
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Court: Appellate Division, 3rd Dept
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Case number: 98084

Decided and Entered: February 16, 2006 98084 ________________________________ SYLVIA SAMUELS et al., Appellants, v OPINION AND ORDER NEW YORK

January 26, 2007 |

Washington Catches the Associate-Raise Fever

O'Melveny & Myers said Thursday it would increase its first-year associate salaries in Washington, D.C., to $145,000 -- and in turn threw down a challenge to D.C.-based firms, saying the market for talent had changed. Following that announcement, Hogan & Hartson almost immediately said it was matching the number. The latest raises come on the heels of a flurry of pay increases during the past few days in other key legal markets.
2 minute read
Louisiana Mun. Employees' Retirement Sys. v Cablevision Sys. Corp.
Publication Date: 2010-06-29
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Case number: 2008-08709

Supreme Court of the State of New York Appellate Division: Second Judicial Department WILLIAM F. MASTRO, J.P. REINALDO E. RIVERA STEVEN W. FISHER PLUMMER

May 02, 2003 |

Pro Bono Digest

5 minute read
March 12, 2010 |

Full 1st Circuit rules prospectus statements are not attributable to executives for 10(b)(5) purposes

The U.S. Court of Appeals for the 1st Circuit recently issued an en banc opinion that rejected the U.S. Securities and Exchange Commission's reliance on prospectus language in bringing a Rule 10(b)(5) case against broker-dealer executives. The decision overturned an earlier panel ruling upholding the SEC's use of the rule, which bars untrue statements in connection with the purchase or sale of a security.
4 minute read

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